Wholesale has many challenges and opportunities with the multitude of products and the many different channels that are used to reach the customers (web, email, cell phone, store, and catalog). A balance must be maintained between new products, budget in-stock, and company growth plans. Data Profits’ iKIS provides Demand Forecasting, Alert and Exception Management, VMI and Supply Chain Visibility along with Business Analytics to propel our customers past the competition. Our fast 30 day install means you spend less time on the ‘project’ and start to see your ROI in 90 days. Our Software as a Service (SaaS) delivery means no large hardware cost, license fee, or maintenance fees will be front loaded into your project. Our solution costs less than 1/2 the competition price.
Data Profits understands the complexities of wholesale including shelf life, investment, deal and promotions buying, all while taking into consideration all seasonal, market, and event factors to create an accurate demand forecast.
Data Profits’ unmatched number of algorithms provides on-demand processing for grocers so they can make immediate adjustments and help prevent out-of-stock from sales, promotions, or disasters on a daily basis. This demand forecasting can take place at both the store and distribution center level.
Shelf life at both the distribution center and store level is integrated into Data Profits’ planning calculations. Customized exception management and alerts are essential for perishable products and dated products including calendars, coupons, and promotional products like seasonal packaging and bonus packs.
With so many SKUs in wholesale, Data Profits allows buyers, planners and management to prioritize their areas of business and provide real time alerts, accurate analysis, and recommendations.
Unlike other systems, Data Profits allows grocers to create dynamically updated groups based on custom business rules, hierarchy, weekly ads, or market events like weather, holidays, and emergencies (hurricanes and ice storms). This functionality automatically updates the forecast and orders for that “event” at a particular location or store based on all the influences.
iKIS is built to provide complete supply chain visibility all within one application. With drag and drop capabilities, users can input information top down or bottom up and provide information to anyone in the supply chain.
This customization can take place without IT resources or additional fees. From vendors to planners to buyers to executives, everyone in the supply chain is aligned in one solution which reports the same results in an appropriate view for their job function.
Vendor owned inventory is a common and necessary practice in many wholesale environments, especially wholesale. Data Profits’ iKIS solution allows accurate inventory information to pass safely between vendors and the grocer.
Only predetermined information passes out of the wholesale “firewall” to the vendor and vice versa. The vendor information is presented on customizable dashboards created by the grocer. This information transfer allows both the vendor and grocer to see the same information, achieve their desired service levels, make immediate adjustments rather than end of day to help prevent out-of-stock from sales, promotions, or disasters.
Accurate Demand Forecasting drives effective and profitable inventory management, optimization, and replenishment solutions. Our next generation solution, iKIS, combines high-end statistics & projections with real-world BI and analysis. The result is unprecedented demand forecasting accuracy, out of the box.
With a better demand forecast, you’ll see:
Inventory Optimization increases your profits, calculating the most economical way for you to flow inventory (EOQ) and minimize costs.
Our order management solution maintains your service goals, pleasing your customers, vendors, and bottom line. We optimize:
See the future without dice, darts, or Excel.
Accurately forecast demand across all levels of your business. Now you can target inventory investments and customer opportunities. Now you can collaborate in real time with your suppliers to add value to the forecast.